The WOLOT Foundation and IBD Technology, a Singapore-based company in charge of the project, had secured a listing partnership with EbuyCoin following the launch of its wallet app "OLO Wallet"
- IBD Technology pioneered a user/merchant rewards ecosystem project called "TOOL Global". It's corresponding app "OLO Wallet" was officially released last September 17th.
- Digital token slated to be publicly listed end October 2018, but company secured a listing partnership sooner than expected. Coin expected to list on EbuyCoin on October 16 instead.
- Ecosystem model is well-positioned for scalability and has already achieved support from China, Malaysia and Singapore, including Finergy Advisory from Singapore.
SINGAPORE, Oct. 22, 2018 /PRNewswire/ -- IBD Technology, a Singapore-based blockchain tech startup, had announced the launch of their listing partnership with EBuyCoin October 15, shortly after the soft launch of their mainnet (TOOL) and token wallet DApp "OLO Wallet" on September 17. This allows OLO users to conduct highly-secured, platform-backed transactions through Ebuycoin.
The company's listing partnership seems promising, with EBuyCoin's founder Shane Edward Kelly's predictions of its rise. When asked about his confidence in the token's value, Mr. Edward had quoted the technology's patented security, scalability, and relevance to real world economy as supporting points in the OLO token's predicted rise in value.
"TOOL Global's BT loyalty system ensures consistent inflow of real world value. Within the ecosystem, the BT to OLO cross chain mining method allows users to monetize their behaviour. This model not only solves digital marketing pain points for businesses, users are beginning to see how they could get rewarded for their data, and this is an increasing demand," said Edward.
Seeing the success of its soft release, IBD Technology had followed up with its official mainnet launch and listing of their OLO token with exchange platform, EBuyCoin. Interested users may sign up for an IBDT account on their website to start converting their global virtual loyalty points BT to OLO tokens.
EbuyCoin is a Singapore-based digital asset trading platform. Committed to providing a fair trading environment for users, the platform adopts measures such as cold wallet and offline private key to fully protect the digital assets of user accounts. A high-speed memory transaction engine uses distributed server clusters, distributed storage, and multiple machines. The platform's memory matching technology is certified by the authorities, with its processing speed much higher than the industry average. Amongst its main shareholders is Singapore's Synergy Financial Advisors, a 21 year-old finance organisation.
About the TOOL Global Project (by IBD Technology)
The TOOL (Global) Project is an ecosystem of services which works on a Delegated Stake-Practical Byzantine Fault Tolerance (DS-PBFT) consensus where users get rewarded daily based on their level of activity within participating apps and merchants. Advertisers may target their advertisements towards users based on their hobbies, preferences, and choose to pay users global virtual (loyalty) points (BT) for viewing their ads. The ecosystem will benefit users as they enjoy special promotions/discounts from merchants, merchants will benefit from higher customers patronisation rates and customer retention rates, and advertisers will benefit from giving ads to users. These in time, will drive demand for the ecosystem's corresponding cryptocurrency, OLO.
For more information on TOOL Global, visit www.IBDT.io, or contact Alson / Lynnette at their respective details below.
Photo - https://photos.prnasia.com/prnh/20181022/2272174-1
SOURCE IBD Technology